1000 Washington StBraintree, MA 02184

Property Details for 1000 Washington St

Year built

1961

Construction

STEEL FRAME

Lot size

0.88 AC

Property size (Sq ft)

12,320 SF

Zone code

GBD

Property type

Retail space

APN

BRAI M:1009 B:0 L:41

APU

BRAIM1009B0L41

Description

This exceptional 12,320 square foot commercial property, located at 1000 Washington Street in Braintree, Massachusetts, presents a unique investment opportunity. The building, constructed in 1961, features a traditional office layout suitable for multiple tenants. Currently, one 1,800 square foot space is immediately available. The property sits on a generous 8.83-acre lot, providing ample parking for tenants and visitors. The building boasts a 10-foot ceiling height throughout the office space. Its zoning designation is General Business District (GBD), offering flexibility for a variety of commercial uses. Situated in the vibrant South Braintree Square, the property enjoys a highly convenient location. It's within walking distance of numerous shops and restaurants, including the Southside Tavern, and offers easy access to major transportation arteries. The proximity to the Braintree MBTA station provides convenient access to Boston and major roadways such as Routes 93, 95, and the Massachusetts Turnpike. This property is ideal for businesses seeking a well-located, spacious, and easily accessible office space in a thriving commercial area of Norfolk County. The property's size and location make it an attractive option for a variety of businesses seeking to establish or expand their presence in the greater Boston area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,994,190

  6.5%

  $2,763,868

  7%

  $2,566,449

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,056,522

  Geo Method

  $4,056,522

• Alternative Use

  Use

  Valuation

  Residential

  $2,331,426

  Hospitality

  $2,135,574

  Educational

  $1,776,772

  Medical

  $1,837,878

  Retail

  $2,763,868

Location Insight

City

Braintree

County

Norfolk

State

Massachusetts

Latitude

42.2016

Longitude

-71.0062

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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